Intel

Great technology company! Great peers, knowledgeable folks to work with, and most of all, a great compensation package (if you do well in your job) that very few in the industry can match.

Current management/CEO seems to lack vision. Employees seem to lose faith in the management. The exiting performance management system (Focal) is highly dependent on your relationship with managers; your real performance matters much less. Meritocracy lacks in most of the groups in the company. Old Intel values, identified by founding fathers (Dr. Noyce, Dr. Moore, Dr. Grove), seem to be not honored anymore. Iconic Intel has gone down the drain under current management.

Do not send your well-trained employees to competitors by laying them off. That way, you develop stronger competitors. Rather, find ways to retain them and use them to develop more products. It looks like Intel is now a training institute for Qualcomm, Apple, TSMC, and Samsung.